Position Sizer EA for MT4/MT5 - Free

Position Sizer automatically calculates the number of lots to trade based on your risk tolerance, account size and currency, currency pair, commission and other settings.

• It is designed to work with all kinds of instruments.
• It helps with margin, potential portfolio risk and profit, swaps and similar calculations.
• It can open trades based on the calculations it does in the Main tab of its panel.

Check before you use it

Enter your account size, risk tolerance and currency pair on a demo account and compare the lot size it shows with your own calculation. Check the commission and swap values against your broker's contract specifications. Only after the numbers agree should you use the option that opens trades from the calculation in the Main tab.

Platforms: MetaTrader 4, MetaTrader 5.

Source and license

Published by EarnForex.com as open source under the Apache License 2.0. TraderCommons does not host the files: the links on this page lead to the author's GitHub repository and product page. TraderCommons is not affiliated with EarnForex.

Test any trading tool on a demo account before you use it on a live one. Trading involves risk.